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YTL Power International Berhad
Company typePublic limited company
MYX: 6742
ISINMYL6742OO000
IndustryPower Generation, Merchant Multi-Utilities, Water & Sewerage, Telecommunication, Data Centers, Digital Banking, Investment Holding Activities
HeadquartersMenara YTL, 205 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia
Area served
Malaysia, Singapore, United Kingdom, Indonesia, Hashemite Kingdom of Jordan and Netherlands
Key people
Tan Sri Dato' Dr (Sir) Francis Yeoh Sock Ping, Executive Chairman. Dato’ Seri Yeoh Seok Hong, Managing Director
RevenueIncreaseRM 21.09 billion (2023)
IncreaseRM 2.3 billion (2023)
Total assetsIncreaseRM59.1 billion (2023)
Number of employees
4782 (2023)
ParentYTL Corporation
Market capIncreaseRM 45.05 billion (June 2024)
Related indicesIncreaseRM 103.65 billion (Total Combined Group Market as of June 2024)
Websitewww.ytlpowerinternational.com

YTL Power International Berhad (YTL Power) is a subsidiary of YTL Corporation Berhad (YTL Corp), one of the largest companies listed on Bursa Malaysia (the Kuala Lumpur Stock Exchange). The total combined group market capitalisation of the YTL Group of Companies as of June 2024 is RM 103.65 billion. Furthermore, YTL Corp and YTL Power has been listed in Fortune Southeast Asia 500 for the year 2024 as 47th and 78th respectively. The ranking of the 500 Largest Companies in Southeast Asia is based on the revenue for the fiscal year 2023.[1] As of November 2023, YTL Corp and YTL Power are included as a constituent of the FTSE Bursa Malaysia KLCI (FBM KLCI) index.

YTL Power is the utilities arm of YTL Corp. YTL Power is the international multi-utility owner and operator is active across key segments of the utilities industry, with operations, investments and projects under development in Malaysia, Singapore, the United Kingdom, Indonesia, Hashemite Kingdom of Jordan and Netherlands. YTL Power has a strong track record in developing greenfield projects as well as in acquiring operational assets through competitive auctions. The YTL Power Group owns Wessex Water Limited, a water and sewerage provider with 2.9 million customers in the UK, and YTL PowerSeraya Pte Limited, which has a total licensed generation capacity of 3,100 megawatts and multi-utility operations in Singapore. In Malaysia, YTL Power owns a 60% stake in YTL Communications Sdn Bhd, which provides high-speed 4G and 5G services under the YES brand. In the UK, the Group is undertaking the development of Brabazon, Bristol, a mixed-use residential and commercial property project on the Filton Airfield site, the historic home of the iconic Concorde, which will include YTL Arena Bristol. Projects under development include a 500-megawatt solar power generation facility in Kulai, Johor, and green data centers in Malaysia and Singapore. The Group in consortium with Sea Limited has also been awarded a digital banking license by Bank Negara Malaysia.

The utilities segment continues to be the Group’s largest operating segment, contributing 71% of revenue for the financial year ended 30 June 2023.[2] As of June 2024, the market capitalisation of YTL Power is RM 45.05 billion and ranked #8 by market cap in KLSE.

Table of Content[edit]

  1. Overview of YTL Power
  2. Key Financials of YTL Power
  3. Subsidiaries of YTL Power
  4. Renewable Energy

Key Financials of YTL Power[edit]

The key business segments of the company are power generation, merchant multi-utilities, water and sewerage, telecommunications, data centers, digital banking and investment holding activities.[3]

As of June 2023, the financial highlights of YTL Power as follows:

  • Revenue  : RM 21.89 billion
  • EBITDA  : RM 4.98 billion
  • Profit Before Tax : RM 2.45 billion
  • Profit After Tax  : RM2.03 billion
  • Total Assets : RM 59.13 billion
  • Total Cash : RM 9.00 billion

Subsidiaries of YTL Power[edit]

YTL Power Generation Sdn Bhd - Malaysia In 1992, YTL Power started as the first Independent Power Producer (IPP) in Malaysia by securing 21-year Power Purchase Agreements (PPA) from the government for the development of 1,212MW combined-cycle power plant at Paka, Terengganu, and Pasir Gudang, Johor. The development of the combined-cycle power plant was financed through the ringgit denominated currency (the first 15-year long term bond) issued by Employee Provident Fund (EPF) in which the use of such financing was able to successfully mitigate the influence of the Asian Financial Crisis at the time.[3] [4]

In 1993, YTL Power completed and commissioned both gas-fired combined cycle power plants at Paka, Terengganu and Pasir Gudang, Johor with a total combined capacity of 1,212MW. The open-cycle plant was completed in world record timing of 10 months and the combined cycle plant with gas-fired was completed in 22 months.[5] Subsequently in September 2017, the Paka power plant was awarded a supplementary PPA for a further period of 3 years and 10 months. [6]

YTL Power has been listed on Bursa Malaysia (the Kuala Lumpur Stock Exchange) since 23 May 1997 on the Main Market of the exchange under the Gas, Water & Multi-Utilities sub-sector of the Utilities sector. [7]


ElectraNet Pty Ltd – Australia

ElectraNet high voltage transmission lines

In 2000, YTL Power made its first significant foreign investment by acquiring a 33.5% equity interest in ElectraNet Pty Ltd (ElectraNet) for AUD 58.5 million (approximately RM 122.9 million).[8] ElectraNet is an electricity transmission company in South Australia serving regional transmission under a 200-year lease. ElectraNet transmits power over long distances from regional generators and interstate sources to metropolitan and regional areas including large, direct-connect industrial customers.[9]

ElectraNet has worked with various industries to advance the penetration of renewables in South Australia to greater than 70% of peak load (at times surpassing 100%), all whilst developing and providing a reliable and secure transmission network for consumers, loads and generators alike.

ElectraNet has connected more than 3.5GW of renewable energy to Australia’s National Energy Market, including large-scale wind and solar generation, and grid-scale Battery Energy Storage Systems.

In 2022, YTL Power divested its stake in ElectraNet to Australian Utilities Pty Ltd for a consideration of approximately RM 3.07 billion, generating RM 2.2 billion in gains upon completion of the transaction. [10]


Wessex Water Limited – United Kingdom In 2002, YTL Power acquired 100% of Wessex Water Limited (Wessex Water) from Enron. Wessex Water is a regional water and sewerage service company that serves 2.9 million customers across a geographic area of approximately 10,000 square kilometres in the south west of England, including Dorset, Somerset, Bristol, most of Wiltshire and parts of Gloucestershire and Hampshire.[3] Wessex Water is regulated by the Water Services Regulation Authority (known as Ofwat), the economic regulator for the UK water industry, and holds a license from the UK government under an instrument of appointment to supply clean water and treat and dispose of waste water from its operating region. Wessex Water’s regulatory capital value demonstrates ongoing growth since it was acquired by YTL Power in 2002, at GBP 1.3 billion (approximately RM 7.7 billion). As at 30 June 2023, the regulatory value was at GBP 4.1 billion (approximately RM 24.4 billion) In April 2015, average bills were reduced by 5% through its assistance programme, ‘tap’, a programme aimed to support customers who are financially vulnerable and have difficulty in paying their bills. The programme helped more than 21,000 customers to pay ongoing charges and repay debt, as well as offering additional practical help to reduce water and energy bills, and, under guidance from its expert affordability advisory group, a discount of around 20% has been introduced for pensioners on the lowest incomes who often suffer hardship in silence.[11] Subsequently, Wessex Water has been awarded for its high safety standards keeping its workforce safe and healthy. The firm received two international health and safety awards from the British Safety Council including the ‘Power and Utilities’ sector award for the second consecutive year. It is now the fifth year that Wessex Water has been recognised by the British Safety Council for their commitment to preventing workplace injuries and ill health. [12]

In 2019, Wessex Water has been recognised with the 'Institute of Water Innovation Award 2019 for the utility's 'Sewer Renovation 'Re-Rounder' Robotics' campaign. The prize was awarded at the national Institute of Water awards held in Belfast, Ireland. Looking to heart surgery for inspiration, the robotic machine has been specifically designed and manufactured to re-round 150mm diameter sewer pipes which have suffered up to 25% deformation. The technology allows for safer and more cost-effective trenchless, or no dig, sewer repairs.

Besides, Wessex Water was rated as the top-performing water and sewerage company in the latest UK Customer Service Index 2023 by the Institute of Customer Service and retained the National Customer Service Excellent (CSE) quality mark certificate in 2023. As a result, Wessex Water’s outstanding performance has led it to become one of only six companies in the UK to have been a three-time winner of the Queen’s Award for Enterprise in Sustainable Development. [13]


YTL PowerSeraya Pte Limited - Singapore

On 6 March 2009, YTL Power acquired 100% equity interest in YTL PowerSeraya Pte Limited (YTL PowerSeraya) from Temasek Holdings. YTL PowerSeraya is situated on Jurong Island – Singapore’s oil, gas and petrochemicals hub which is in close proximity to the world’s major shipping and oil routes, and extensive fuel storage capacity.[14] YTL PowerSeraya’s power generation business has a licensed generating capacity of 3,100MW, consisting of combined-cycle plants, co-generation combined-cycle and steam turbine plants.

In 2011, PowerSeraya became the first power generation company to export electricity to Malaysia’s national power producer, Tenaga Nasional Berhad, marking the first commercial deal for cross-border sale of electricity between Singapore and Malaysia.

In 2018, with the liberalisation of the Singapore electricity market, YTL PowerSeraya re-established its retail brand in Singapore as Geneco. Besides Seraya Energy’s commercial and industrial customers, the company now also caters to households and small and medium enterprises. This unification of the retail brand in Singapore provides customers with a seamless and more efficient service experience.[15] As of June 2024, Geneco becomes the largest electricity retail market in Singapore.

In 2022, YTL PowerSeraya acquired Tuaspring Pte Ltd, a 396 MW combined cycle gas turbine power plant in Singapore. The original purchase consideration of SGD 331.45 million, which was to be settled via a combination of cash, together with shares and shareholder loans in the holding company of YTL PowerSeraya was subsequently restructured to a purely cash deal of SGD 270.0 million. The transaction was completion in June 2022.[16] Hence, the plants that are operated under YTL PowerSeraya has contributed more than 30%of Singapore’s total electricity needs. [17] In 2023, YTL PowerSeraya collaborated with TNB Power Generation Sdn Bhd for the export and import of 100MW of electricity to Singapore via a newly upgraded interconnector.[18] In January 2024, YTL PowerSeraya won the first RFP for the development of a 600MW hydrogen-ready CCGT under EMA's centralised process and it is expected to be completed on Dec 31, 2027. [19]


YTL Communications Sdn Bhd - Malaysia

In Malaysia, YTL Power owns 60% stake in YTL Communications Sdn Bhd (YTL Comms), which owns and operates a 4G LTE network using 2.3 GHz and 2.6 GHz spectrum awarded by the Malaysian Communications and Multimedia Commission (MCMC). YTL Comms’ network provides high-speed mobile services under Yes brand since 2010.[7] Yes has been working with the Malaysian Ministry of Education to provide 10,000 primary and secondary national schools all over the country with a high-speed 4G internet connection with a cloud-based Frog VLE (Virtual Learning Environment) platform under the name 1BestariNet program.  1BestariNet was an initiative by Ministry of Education to facilitate the replacement and improvement for the SchoolNet service that expired at the end of 2010. Yes realized this initiative by developing a high-speed internet coverage across the entire nation, cultivating immersive familiarity with the benefits of ICT to the education institution. The 1BestariNet project is also recognised on the global stage. Sundar Pichai who was then Google SVP for Android Chrome and Apps, had presented 1BestariNet during Google I/O 2013. He commended Malaysia for wanting to provide 4G connectivity throughout 10,000 schools including rural areas.[20] Subsequently in May 2013, Yes 4G as a key component behind the 1Bestarinet, has introduced the world’s first 4G Google Chromebook by Samsung. The Samsung 4G Chromebook is co-developed exclusively between Yes, Samsung and Google to integrate a 4G module that works perfectly with Yes’ 4G network where Yes 4G has already covered 85% of the country across over 4000 base stations. A key reason for this is due to the “pace at which 4G connectivity is being rolled out throughout the country and what’s happening in Malaysia can be a role model for many other countries around the world.” according to Sundar Pichai. [21]


Yes 5G – First to Offer 5G Services in Malaysia

In 2016, the 4G brand under YTL Comms is also the first mobile operator in Malaysia to introduce Voice-over-LTE (VoLTE) capability for high-definition and crystal-clear calls. At the same time, Yes Altitude, the newest high quality Android device developed by Yes, was unveiled as the most affordable VoLTE smartphone in the Malaysian market, allowing more consumers to access high speed LTE internet. [22]

In December 2022, Yes was awarded by the MCMC Star Rating Awards 2021 – Best in Quality of Service, Best in Consumer Satisfaction, Best in Corporate Social Responsibility and, significantly, the Best Mobile Network Operator. [23]

Notably, Yes 5G is the first to offer 5G services in December 2021 – a full nine months ahead of all other mobile services provider in Malaysia. [7][24] In December 2023, YTL Power signed the share subscription agreement to acquire 14% stake in Digital Nasional Berhad (DNB), becoming the pioneer of 5G service provider in Malaysia. [25] Subsequently, Yes 5G  has been recognised as Malaysia’s fastest mobile network speed in 2022 & 2023 by Ookla during the Speedtest Awards in Barcelona.[26] Yes 5G aims to consistently provide the affordable 5G services and solutions for the benefit of every Malaysian.

Besides, in June 2023, Yes 5G has been in partnership with Nvdia GeForce NOW and become the first to launch the cloud gaming service in Malaysia. GeForce NOW powered by Yes allows user to stream video game directly from the cloud rather than downloading the entire game into a device. GeForce NOW supports most of the devices, which ranges from laptop, desktop, Mac, TV, Android device, iPhone, or iPad. Despite using basic configuration of hardware, user now can still enjoy playing games on high display setting, up to RTX On in 1080p at 60FPS.[27] YTL Comms has been pushing the boundaries of innovation in communications technology since 2010, GeForce NOW powered by Yes is undoubtedly the successful addition into YTL Comms’ achievement.

In April 2024, the managing director of YTL Power, Dato’ Seri Yeoh Seok Hong is honourably appointed as the Board of DNB, a key member to contribute input and direction for the advancement of Malaysia’s digital infrastructure and the adoption of 5G technology across industries, enterprises, the public sector and consumer. [28]

In addition, in May 2024, YTL Comms collaborated with Clarion Malaysia in launching the First-in-Malaysia AI and Robotics based Advanced Manufacturing powered by Yes 5G Private Network. Yes 5G Private Network provides the critical high-capacity, ultra-low latency communications fabric to enable next-generation smart manufacturing, integrating AI and robotics into the factory floor.


YTL Data Center Holdings Pte Ltd – Malaysia/Singapore

YTL Data Center Holdings Pte. Ltd. (YTLDC) is an investment holding in companies that own and operate data centers. The company aims to transform data centers by building a network of high-performance data centers powered by renewable energy across South East Asia. [7]

Dodid Pte. Ltd. In December 2021, YTLDC has completed the acquisition of Dodid Pte. Ltd. (Dodid), owner of a 12.5MW, Tier-3 data center in Singapore. Dodid is a data center located in Tagore Lane, Singapore which houses 9 data hall suites equipped with dual meet-me rooms and MDF rooms within a 4-storey building. Dodid was built and commissioned in 2018, with green and state-of-the-art facility that serves the largest hyperscale customers in Asia. This marks YTLDC’s first foray into the data center industry outside Malaysia, as the first step towards establishing a regional data center platform in Southeast Asia. YTLDC is working closely with YTL PowerSeraya and its retail arm, Geneco, on green energy solutions to enable the data center to be run on renewable energy. [7][29]


YTL Green Data Center Park

In 2022, YTL Power has embarked on the development of the YTL Green Data Center Park in Kulai, Johor with a total investment value of RM15 billion, through its subsidiary YTLDC. This will be the first data center campus in Malaysia to be co-powered by on-site renewable solar energy.[7] The data center is located 30km from Singapore in the Iskandar region of Johor, and will be powered by a 500MW solar farm, offering diversity in power and connectivity on a large industrial site, of which 275 acres will be dedicated towards data center development.[30] YTLDC and Sea Limited broke ground with RM1.5 billion on the development of the Sea Data Center in August 2022, marking the first phase of the YTL Green Data Center Park. This first phase will be a Tier-III certified facility equipped with best-in-class green power and connectivity which will be able to accommodate up to 72MW of capacity. The green facility will feature 24 data hall suites, M&E rooms, office space, storage, and parking facilities. The first phase of the co-development will enter service in 2024.[7][31]

In May 2024, the phase 1 of YTL Green Data Center Park has achieved a significant milestone by completing Tier III Certification of Constructed Facility (TCCF) test and it is now certified as Tier III Certification of Constructed Facility issued by Uptime Institute.

Collaboration with Nvidia in YTL AI Cloud

In December 2023, U.S technology giant Nvidia Corporation (Nvidia) and YTL Power were in advanced talks to partner over artificial intelligence (AI) infrastructure, including supercomputers and cloud computing, with the project to be hosted at YTL Green Data Center Park. YTL Power will collaborate with Nvdia to develop AI infrastructure in the Southeast Asian country, in a USD 4.3 billion (RM 20.6 billion) investment deal. Under the deal, the companies will collaborate on building Malaysia's fastest supercomputers using Nvidia AI chips. On the other hand, YTL Power will also utilise Nvidia's AI cloud computing platform to build a large language model in Malay. Nvidia’s CEO Jensen Huang mentioned that Malaysia is an important hub for Southeast Asia computing infrastructure, which requires access to land, facilities and power, and YTL could play a great role in that. In addition, Jenson Huang agreed to develop the AI ecosystem in Malaysia by supporting the construction of a center of excellence to facilitate AI learning and research. [32] In March 2024, YTL Power announced the formation of YTL AI Cloud, a specialized provider of massive-scale GPU-based accelerated computing, and that it will deploy and manage one of the world’s most advanced supercomputers on NVIDIA Grace Blackwell-powered DGX Cloud – an AI supercomputer for accelerating the development of generative AI. YTL is among the first companies to adopt NVIDIA GB200 NVL72, which is a multi-node, liquid-cooled, rack-scale system with fifth-generation NVLink. The supercomputer will be interconnected by NVIDIA Quantum InfiniBand networking platform. The platform acts as a single GPU with 1.4 exaflops of AI performance and 30TB of fast memory and is designed for the most compute-intensive workloads. The YTL AI Supercomputer will surpass more than 300 exaflops of AI compute, making it one of the fastest supercomputers in the world. [33] Prime Minister of Malaysia, Dato’ Seri Anwar bin Ibrahim, commented YTL accelerates the country’s adoption of AI and spearhead the development of Sovereign Cloud. The collaboration with NVIDIA is testament to Malaysia’s attractiveness as a hub for digital investments. In addition, Tengku Datuk Seri Zafrul Abdul Aziz, Minister of Investment, Trade and Industry (MITI), Malaysia, commented this powerful AI Cloud will create high-value, high-income job opportunities for Malaysians, marking a significant step forward in our mission to become a leading AI and Data center hub in the region. Furthermore, YB Gobind Singh Deo, Minister of Digital, Malaysia, stated that having one of the most powerful NVIDIA cloud computing infrastructures in Malaysia is a game changer and will spark innovation and development of solutions foundational to the success of the Malaysia Digital Economy Blueprint.

YTL Sentul Data Center

Nestled in the city center with convenient accessibility, Sentul Data Center serves as an edge data center offering excellent diversity in power as well as local peering connections and connectivity to internet exchanges in the city. This facility has up to 500 racks in capacity of data hall space (up to 5MW) which houses 4 data halls over a single-storey with provisions for office space, storage and parking facilities. [3] In addition, works are underway to expand and upgrade the facility, offering customers a strategically located site in the heart of Kuala Lumpur with close proximity to key internet exchange hubs. [34]


YTL Digital Capital Sdn. Bhd. - Malaysia

In April 2022, YTL Digital Capital in consortium with Sea Limited was one of the applicants won one of the five digital banking license from Bank Negara Malaysia out of 29 applications. YTL Digital Capital is proven to be prudential in business plan, with high reputation in business record and experience, and has shown robustness in its underlying technology. [35]

This new venture will leverage on multiple synergies between YTL Power and Sea Limited, and contribute to the growth of Malaysia’s digital transformation and broaden access of citizens to financial services, particularly the underserved and underbanked, as well as the micro, small and medium enterprises (MSMEs). [7]


YTL Developments UK Limited – United Kingdom YTL Developments UK Limited (YTL Developments), a wholly owned subsidiary of YTL Property UK is headquartered in Bristol, developing the Brabazon project – a new urban community that will comprise new homes, employment space, new schools and a thriving town-center. YTL Developments is currently delivering the first phase at Brabazon, known as The Hangar District, comprising 302 residential units apportioned to 127 landed and 175 apartment units. All open-market homes are sold in staggered releases, and to date, all have been sold off-plan with no voids accrued. [7]

In March 2024, South Gloucestershire Council has granted permission for revised plans from YTL Developments to build 6,500 new homes, including the west of England's largest urban park. The park will feature a heritage trail, connecting the Brabazon Hangars with Aerospace Bristol Museum. A floating boardwalk around the lake, independent cafes, restaurants and outdoor sports facilities are also in the plans. Of the 6,500 properties, 2,000 will be student accommodation and more than 1,700 will be affordable. [36]

YTL Arena Limited

YTL Arena Limited, a wholly-owned subsidiary of YTL Property UK, is progressing well with the development of YTL Arena Bristol, situated at the legendary Brabazon Hangars, the birthplace of the Concorde. The Arena will feature the region’s largest columnless exhibition and convention halls with 6,000 sqm of floor area, height clearance of 21 metres and banqueting capacity for 4,000, together with a flexible hub for entertainment, film, television and music rehearsals. YTL Arena Bristol will be at the heart of a vibrant new community at Brabazon. [7]


Ranhill Utilities Bhd

Ranhill Rugading Power Station in Kota Kinabalu, Sabah

In November 2023, YTL Power has become a substantial shareholder of Ranhill Utilities Bhd (Ranhill), a company involved in three key segments, namely, environment, energy and engineering services. YTL Power acquired 19% stake in Ranhill at an acquisition cost of RM 141 million, this continues to solidify the company footprint in Johor, including its exclusive rights to Johor water supply and Sabah power sector exposure. [37] Subsequently, in May 2024, SIPP Power Sdn Bhd, which is 70% owned by YTL Power, acquired 31.42% stake in Ranhill for RM 405.18 million. SIPP Power together with YTL Power will collectively own a 53.19% stake in Ranhill and become the major shareholder. This acquisition is a strategic fit for both parties as it would give YTL Power the access to exclusive Johor water operations allowing it to capitalise on prospects from the Johor-Singapore Special Economic Zone and potential demand from Johor’s data center hubs. Additionally, the synergistic expertise in water operations could drive further efficiency of Ranhill Utilities’ Johor water business. As of December 2023, Ranhill turns out as the second largest water supply operation in Malaysia and undertakes the exclusive rights of the entire water supply network in the State of Johor by its operating company, Ranhill SAJ Sdn Bhd. It has been operating 46 water treatment plants state-wide with a total treatment capacity of 2,171 million litres daily. Moreover, Ranhill has a presence in the Sabah power sector which is operating two 190MW Combined-Cycle Gas Turbine power plants in Kota Kinabalu. In February 2024, Ranhill achieved commercial operation date for their renewable energy (RE) sector through its 50MW large scale solar (LSS) plant in Bidor, Perak. Also, Ranhill involves in multi-disciplinary engineering, procurement and construction management, project management consultant, and operation and maintenance services consultancy services.

Ranhill has been listed on Bursa Malaysia since 16 December 2015 on the Main Market of the exchange under the gas, water and multi-utilities subsector of utilities sector. As of June 2024, the market capitalisation of Ranhill is RM 2.14 billion.

As of December 2023, the financial highlights of Ranhill as follows:

  • Revenue : RM 2.28 billion
  • EBITDA : RM 0.61 billion
  • Profit Before Tax : RM 0.15 billion
  • Profit After Tax  : RM 0.10 billion
  • Total Assets : RM 2.96 billion
  • Total Cash : RM 0.26 billion


PT Jawa Power & PT Jawa Timur – Indonesia

In 2004, YTL Power acquired 35% stake in PT Jawa Power, the second largest IPP in Indonesia, which owns a 1,220MW coal-fired power plant located at the Paiton Power Generation Complex in East Java, Indonesia. Jawa Power has a 30-year PPA with PT PLN (Persero), the state-owned electric utility company. PT Jawa Timur, the wholly-owned subsidiary of YTL Power handles the operation and maintenance for PT Jawa Power.

PT Jawa Power & PT Jawa Timur’s list of accolades:

  1. PT Jawa Power was awarded First Runner-up of Best Practices Category in Clean Coal Use and Technology Power Generation for Large or greater than 500MW coal-fired power plant at ASEAN Energy Award 2017.
  2. YTL Jawa Timur received the PROPER Green Rating Award in the Environmental category and CSR, given by Indonesia Ministry for Environment & Foresty.
  3. YTL Jawa Timur achieved the Silver award for Best Community Programme at The Global CSR Awards 2018.
  4. YTL Jawa Timur received the Indonesia Green Award 2018 for development of biodiversity given by La Tofi School of CSR.
  5. PT Jawa Power awarded the Silver Award for "Best Community Programme Award" at the Global CSR Summit and Awards 2018 for the biogas programme which improve the livelihood of the local communities by providing the villagers the access of electricity, cooking gas and organic fertiliser.
  6. YTL Jawa Timur was awarded at the National Subroto Award for Energy Efficiency under Energy Management in Large Industries, conferred by the Indonesia Ministry of Energy and Mineral Resources in 2019.
  7. YTL Jawa Timur was awarded with Zero Accident Award 2019 for 7,621,805 man hours without lost time accidents, conferred by the East Java Governor and Indonesia Minister of Manpower.
  8. YTL Jawa Timur was awarded PROPER Green for their outstanding performance in the Environmental category and CSR by Indonesia Ministry of Environment and Forestry.
  9. YTL Jawa Timur was awarded First Runner-Up at the Asean Energy Efficiency and Conservation Best Practices Awards 2020 under the category of Energy Management at Large Industry, conferred by ASEAN Center for Energy (ACE).
  10. YTL Jawa Timur was presented with Zero Accident Award 2020 for 10,944,381 man hours without lost time accidents, conferred by the East Java Governor of Indonesia and Indonesia Minister of Manpower.
  11. PT Jawa Timur was presented with the Golden Flag for Safety Management System (SMK3) for their compliance to 96.98% to the requirements, conferred by the East Java Governor of Indonesia in 2020.


Attarat Power Company (APCO) - Hashemite Kingdom of Jordan YTL Power owns a 45% equity interest in Attarat Power Company (APCO), which owns and operates the 470MW (net) oil shale-fired mine-mouth power plant in Jordan, located at Attarat um Ghudran, about 100km south east of Amman. The total project cost is c. US$ 2.1bn. It is the largest private sector project in Jordan’s history and also the largest Chinese project financing for project outside China covered by Sinosure. [38]

APCO has a 30-year power purchase agreement (PPA) with the National Electric Power Company (NEPCO), Jordan’s state-owned utility, for the entire electrical capacity and energy of the power plant, with an option for NEPCO to extend the power purchase agreement to 40 years (from the commercial operation date of the project’s second unit). [3][39]

The 470 MW power plant is the first to commercially utilise the indigenous oil shale resources, and its development is a key milestone in the Jordanian government’s goal of furthering its energy independence. The electricity generated from power plant is expected to meet 15% of Jordan’s annual power demand.[40] The power plant has commenced operation in 2023.

Over the past few years, APCO was recognized and awarded as:

  • Coal Power Project of the Year – Silver for 2 x 277 MW Oil Shale Mine-Mouth Power Project at Attarat Um Ghudran, Hashemite Kingdom of Jordan by Attarat Power Company PSC, Jordan at Asian Power Awards 2017.
  • Innovative Power Technology of the Year – 2 x 277 MW Oil Shale Mine-Mouth Power Project at Attarat Um Ghudran, Hashemite Kingdom of Jordan by Attarat Power Company PSC, Jordan at Asian Power Awards 2017.

Renewable Energy[edit]

Renewable energy sources are virtually inexhaustible, producing much lower negative environmental and social impacts than conventional fossil fuel-based energy. In support of the transition to a low carbon economy, YTL Power has implemented various renewable energy integration projects across their business units and promoted the generation and use of renewable energy to facilitate the transition process and minimise the environmental footprint.

In line with the target to shift towards more sustainable renewable energy solutions, YTL Power are developing a solar power facility with a generation capacity of up to 500 MW in Johor, Malaysia. The YTL Green Data Center Park in Kulai, Johor, Malaysia’s first data center campus to be co-powered by on-site renewable solar energy, is one of YTL Power’s new digital transformation businesses. YTL Power undertook a RM1.1 billion Islamic term financing facility for Phase 1, with a commitment to secure Gold LEED certification in compliance with Green Loan Principles published by the Loan Market Association, Asia Pacific Loan Market Association and Loan Syndications and Trading Association. Integrated with on-site solar photovoltaic power, the YTL Green Data Center Park aims to provide data storage colocation services to clients looking for more sustainable and lower carbon solutions within Southeast Asia and serves as the foundation for achieving YTL Power’s greater objective of carbon neutrality for its data centers across the region. Subsequently, in October 2023, YTL PowerSeraya has committed to build an additional 4 megawatt-peak (MWp) photovoltaic (PV) system at the Pulau Seraya Power Station (PSPS) on Jurong Island. It is scheduled for completion in September 2024. This expansion to the operational 1MWp solar PV system that built in 2019, will bring the total solar PV capacity at PSPS to 5MWp [41]. 

In addition, Ranhill remains dedicated to lead sustainability effort through the adoption of clean energy - 50MW large scale solar (LSS) plant in Bidor, Perak, commercially operates in February 2024. In a disclosure to Bursa Malaysia Sdn Bhd, this project marks Ranhill's inaugural venture into owning large-scale solar assets, aligning with the company's commitment to renewable energy.


See also[edit]

References[edit]

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  5. ^ YTL construction power plant. https://ytlconstruction.com/activities/infrastructure/#power-plant.
  6. ^ The Edge YTL power biding its time. https://theedgemalaysia.com/article/ytl-power-biding-its-time
  7. ^ a b c d e f g h i j AR2023 YTL Power. https://www.ytlesolutions.com/iims2/ytlcommunity/upload/financialreports/YTL%20Power%20International%20Berhad_Annual%20Report%202023.pdf
  8. ^ Acquisition, ElectraNet. https://theedgemalaysia.com/article/ytl-power-dispose-entire-stake-australias-electranet-rm3-bil
  9. ^ AR2021 YTLPI. https://www.ytlpowerinternational.com/wp-content/uploads/ytles/sites/2/files/annual-report/YTL_Power_International_Berhad_Annual_Report_2021.pdf
  10. ^ Electra Net. https://www.businesstoday.com.my/2022/02/09/ytl-power-realise-rm2-2-billion-in-gains-from-stake-disposal-in-electranet/
  11. ^ AR2016 YTLPI. https://www.ytlesolutions.com/iims2/ytlcommunity/upload/financialreports/YTL%20Power%20International%20Berhad_Annual%20Report%202016.pdf
  12. ^ Wessex awarded for safety. https://www.ytlcommunity.com/shownews.asp?newsID=1009
  13. ^ Wessex water innovation award. https://www.ytl.com/sustainability/shownews.asp?newsid=158&category=inthenews#:~:text=YTL%27s%20Wessex%20Water%20Receives%20UK%20Institute%20of%20Water%27s%20Innovation%20Award,-Wessex%20Water%201&text=YTL%27s%20Wessex%20Water%20has%20been,awards%20held%2
  14. ^ Power Seraya. https://ytlpowerseraya.com.sg/
  15. ^ Geneco-About us. https://www.geneco.sg/residential/our-legacy/
  16. ^ Tuaspring Acquisition. https://www.ytlpowerinternational.com/press-releases/ytl-power-completes-acquisition-of-tuaspring-power-station-in-singapore/
  17. ^ https://klse.i3investor.com/web/blog/detail/dragon328/2022-12-06-story-h-303952239-YTL_Power_the_Rising_Power_in_Singapore. Singapore Power Generation Market.
  18. ^ TNB, PowerSeraya x. https://www.ytl.com/shownews.asp?newsID=5136&cID=2&category=analysts#:~:text=YTL%20PowerSeraya%20said%20on%20Monday%20that%20they%20are,vehicle%20company%20by%20TNB%20Genco%2C%20before%20being%20exported
  19. ^ T, 600MW Hydrogen. https://www.ytl.com/shownews.asp?newsID=5360&cID=1&category=analysts
  20. ^ https://soyacincau.com/2016/11/28/things-you-didnt-know-about-1bestarinet/
  21. ^ Chromebook, 4G. https://www.lowyat.net/2013/8365/yes-4g-announces-worlds-first-4g-google-chromebook-by-samsung/
  22. ^ YES alititude PR. https://www.ytl.com/shownews.asp?newsID=59
  23. ^ YTL Comm Award. https://www.ytlpowerinternational.com/press-releases/ytl-communications-takes-home-multiple-awards-at-the-mcmc-star-rating-awards-and-soyacincau-awards/
  24. ^ Yes 5G DNA. https://www.digitalnewsasia.com/business/yes-launches-its-5g-claims-first-ride-dnb-network.
  25. ^ Ookla recognisation- YES 5G. https://technave.com/gadget/Yes-5G-named-Malaysia-s-fastest-mobile-network-by-Ookla-33595.html
  26. ^ Ookla recognisation- YES 5G. https://technave.com/gadget/Yes-5G-named-Malaysia-s-fastest-mobile-network-by-Ookla-33595.html
  27. ^ https://soyacincau.com/2023/06/09/yes-5g-nvidia-geforce-now-officially-launches-in-malaysia-with-roadshow-in-bukit-bintang/. Yes 5G Nvdia Geforce Now.
  28. ^ Nasional, DNB. https://www.digital-nasional.com.my/digital-nasional-berhad-dnb-appoints-new-members-its-board-directors
  29. ^ Dodid acquisition - PR. https://ytldatacenters.com/news/ytl-power-acquires-12-5mw-green-hyperscale-data-center-in-singapore/
  30. ^ Data centers. https://ciotechasia.com/ytl-green-data-centre-park-launches-in-johor/.
  31. ^ YTL x Sea . https://www.mida.gov.my/media-release/ytl-data-centers-and-sea-break-ground-with-the-rm1-5bil-first-phase-of-the-500mw-ytl-green-data-center-park-in-johor/.
  32. ^ Nvdia x Data center. https://www.reuters.com/technology/nvidia-talks-with-malaysias-ytl-data-center-deal-sources-2023-12-08/
  33. ^ https://www.ytlaicloud.com/press-releases/ytl-creates-one-of-the-worlds-most-advanced-supercomputers-powered-by-nvidia-grace-blackwell-based-dgx-cloud/. YTL AI Cloud - Blackwell-based DGX Cloud.
  34. ^ PR - DC sentul. https://www.ytl.com/shownews.asp?newsID=4892&category=pressreleases.
  35. ^ YTL Digital Banking. https://technave.com/gadget/RHB-YTL-AEON-and-two-others-successfully-received-digital-bank-licences-by-Bank-Negara-Malaysia-29871.html.
  36. ^ https://www.bbc.com/news/uk-england-bristol-68434412. Brabazon revised plans for 6500 home.
  37. ^ Ranhill. https://ranhill.com.my/2023/11/01/ytl-power-emerges-as-substantial-shareholder-of-ranhill-utilities/
  38. ^ APCO joint venture. https://jordantimes.com/news/local/all-set-building-oil-shale-fired-power-plant.
  39. ^ YTL APCO. https://www.thestar.com.my/business/business-news/2016/05/10/ytl-power-raises-stake-in-jordans-apco-to-45/
  40. ^ APCO largest oil shale PP. https://www.zawya.com/en/business/worlds-largest-oil-shale-power-plant-in-jordan-near-completion-rh2avq61.
  41. ^ https://www.theedgesingapore.com/news/sustainability/ytl-powerseraya-expand-solar-capacity-jurong-island-plant-5mwp

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